As part of CFA Society Cyprus’ investor education efforts, we are pleased to share insights from Kyriacos Inios, CFA, Secretary of the CFA Society Board of Directors. In his article, Kyriacos reflects on the market volatility of early April 2025, when investor fear peaked: the S&P 500 dropped -4.8% on April 3 and -6.0% on April 4, before rebounding sharply by nearly +10% on April 9.

This period serves as an important reminder for investors:

• ✔ The best market days often occur near the worst ones.

• ✔ Missing just a few strong days can significantly impact long-term returns.

• ✔ Having a plan matters:

  • 0–12 months: cash or cash equivalents (e.g., T-bills)

  • 1–5 years: more stable income assets (e.g., bonds)

  • 5+ years: growth assets (e.g., equities)

Kyriacos asks an important question: What’s your rule for staying disciplined when headlines get loud?

📖 You can read the full article here:

• In Greek

• In English

This article is a timely reminder of the value of long-term planning, disciplined investing, and perspective in navigating market swings.